Multiple Choice
Work by Amihud and Mendelson (1986,1991)
A) argues that investors will demand a rate of return premium to invest in less liquid stocks.
B) may help explain the small firm effect.
C) may be related to the neglected firm effect.
D) B and C.
E) A,B,and C.
Correct Answer:

Verified
Correct Answer:
Verified
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